$387,900
SOLD JUL 10, 2024

32 Highland Ave Lewiston, ME 04240

-- Bed
2 Baths
2,520 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

16% Above List Price

4 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Bathtub

About This Home

As of July 2024

Discover this charming 2-unit building, perfect for both investors and homeowners seeking rental income. The first-floor unit boasts 3 spacious bedrooms, while the second-floor unit offers 2 roomy bedrooms. This building features beautiful hardwood floors throughout both apartments, enhancing its timeless appeal. Recently remodeled, each unit shines with fresh paint, new flooring, and upgraded lighting fixtures. The bathrooms have been completely updated with new bathtubs, sinks, mirrors, toilets, and other fixtures. Both kitchens are equipped with brand-new appliances, making meal preparation a delight. Original windows have been re-glazed to preserve their character while improving functionality. Additional upgrades include a new front door, extensive insulation work in the basement, and new electric hot water heaters. An added bonus is the 2-car garage, providing ample storage and parking space. Don't miss the opportunity to own this beautifully updated property! Offer Deadline is Saturday 8:00PM

Last Agent to Sell the Property

Veronica Schneider

Portside Real Estate Group Listed on: 06/04/2024

Last Buyer's Agent

Tasha Michaud

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,282

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • Multi-Level Property
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot 291
  • Assessor Parcel Number LEWI-000174-000000-000291

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $12,365
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,282

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Alfred A Plourde Pkwy, Turn left onto Webster St, Turn right onto Farwell St, Turn left onto Highland Ave. Building is on the right.
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2520.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28200.0
  • Income Expenses Operating Expenses: 12364.69
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Flat: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Flat, Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: LEWI-000174-000000-000291
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28200.0
  • Annual Operating Expense: 12364.69

Tax Info

  • Tax Annual Amount: 3282.0
  • Tax Block: 000
  • Tax Book Number: 11338
  • Tax Lot: 291
  • Tax Map Number: 174
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 10, 2024
Sold by
32 Highland Llc
Bought by
Joshua Patrick and Mugisha Sandra
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Tasha Michaud
EXP Realty
List Price
$334,900
Sold Price
$387,900
Premium/Discount to List
$53,000
15.83%
Total Days on Market
4
Views
3
Current Estimated Value
$383,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,434
Avg. Annual Appreciation
-1.26%
Original Mortgage
$380,873
Outstanding Balance
$378,133
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$5,333

Purchase Details

Closed on
Feb 28, 2023
Sold by
Lunt Kayla and Lunt Chester
Bought by
Soucier Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,975
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jul 10, 2020
Sold by
Rose Lois
Bought by
Lunt Chester and Harriman Kayla
Seller's Agent
Zach Blair
PinePoint Realty
Buyer's Agent
Edward Mosher
Court Street Realty
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%
Original Mortgage
$139,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2006
Sold by
Benoit-Dion Michele R
Bought by
Rose Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $387,900 None Available
Warranty Deed $387,900 None Available
Warranty Deed $257,300 None Available
Warranty Deed $257,300 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,873 FHA
Closed $380,873 FHA
Previous Owner $192,975 Commercial
Previous Owner $139,500 New Conventional
Previous Owner $121,600 Unknown
Previous Owner $132,800 Purchase Money Mortgage
Previous Owner $33,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $387,900 +15.8% $154 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $334,900 +116.1% $133 / Sq Ft
07/10/2020 07/10/20 Sold $155,000 -3.1% $62 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $160,000 -- $64 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,476 $109,400 $15,120 $94,280
2023 $3,282 $109,400 $15,120 $94,280
2022 $3,118 $109,400 $15,120 $94,280
2021 $3,092 $109,400 $15,120 $94,280
2020 $2,856 $99,600 $15,120 $84,480
2019 $2,879 $99,600 $15,120 $84,480
2018 $2,856 $99,600 $15,120 $84,480
2017 $2,791 $99,600 $15,120 $84,480
2016 $2,743 $99,600 $15,120 $84,480
2015 $2,726 $99,600 $15,120 $84,480
2014 $2,648 $99,600 $15,120 $84,480
2013 $2,633 $99,600 $15,120 $84,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591976

Maine Listings

APN: LEWI-000174-000000-000291